Avis, Budget Raise Rental-Car Fees

Two major car-rental companies this week are raising prices and making significant changes to their restriction policies.

Cendant Car Rental Group says its brands, Avis Rent A Car System Inc. and Budget Rent A Car System Inc., have raised rates by $5 daily and $20 weekly for rentals after Sept. 10. Starting today, the company says it also plans to lower the age limit required to rent to 21 years old from 25 years old, and will charge...